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Walt Disney SEC Filings

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Welcome to our dedicated page for Walt Disney SEC filings (Ticker: DIS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.

The Walt Disney Company (NYSE: DIS) files detailed reports and current disclosures with the U.S. Securities and Exchange Commission that provide insight into its operations as a diversified international entertainment and media enterprise. These SEC filings cover Disney’s three business segments—Entertainment, Sports, and Experiences—and address topics such as financial performance, executive compensation, governance, and significant transactions.

Disney’s earnings releases, furnished on Form 8-K, present summarized financial results for fiscal quarters and years, including revenues, segment operating income for Entertainment, Sports, and Experiences, diluted earnings per share, cash provided by operations, and non-GAAP measures such as total segment operating income, adjusted EPS, and free cash flow. These filings also break down segment results, discussing factors like advertising revenue, subscription and affiliate revenue, programming and production costs, and the impact of theatrical performance and parks and cruise operations.

Other 8-K filings focus on governance and executive arrangements. Disney reports amendments to employment agreements for senior executives, including extensions of employment terms, changes in titles, and adjustments to base salary, target annual bonus opportunity, and target long-term equity incentive award values. The company also discloses Board actions such as the nomination of Jeffrey E. Williams for election as an independent director and changes in the size of the Board.

Filings may also describe material transactions and partnerships. For example, Disney and FuboTV Inc. jointly announced the closing of a transaction combining Fubo’s business with Disney’s Hulu + Live TV business, and Disney and OpenAI disclosed a three-year licensing agreement involving Disney, Marvel, Pixar, and Star Wars characters and Disney’s use of OpenAI’s APIs.

On Stock Titan’s SEC filings page for DIS, users can access these documents as they are made available through EDGAR. AI-powered tools can help summarize lengthy filings, highlight key metrics and segment trends, and surface information on executive compensation arrangements, board changes, major licensing or joint venture agreements, and other material events disclosed in Disney’s 8-Ks and related reports.

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The Walt Disney Company received a shareholder supplemental soliciting communication urging a vote FOR a proposal requesting an independent review of the company’s disability inclusion and accessibility practices.

The proposal asks for a third‑party assessment focused on legal, financial, and reputational risks to inform board oversight. The shareholder notes the company first sought to exclude the proposal, then withdrew that request and recommended voting against it, and argues limited outcome‑based disclosure accompanies recent policy changes. The proponent permits the company to select the reviewer and scope and does not require adoption of recommendations; the proposal therefore preserves board discretion while seeking additional transparency.

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The Walt Disney Company received a shareholder response opposing its no-action request and asking that a proposal on Disability Access Service (DAS) policy impacts be included in Disney's 2026 proxy materials.

The proposal requests a public, Board‑level report assessing business, reputational, legal, and competitive risks arising from Disney’s 2024–2025 DAS policy changes, citing sustained media coverage, social media backlash, petitions, and pending class-action litigation as company-specific risk indicators.

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The Walt Disney Company reported that it has exercised its right to terminate without cause the employment of Kristina K. Schake, Senior Executive Vice President and Chief Communications Officer, effective March 19, 2026. She will receive separation benefits under the terms of her previously disclosed employment agreement.

A company press release notes that Schake’s departure will coincide with the end of Bob Iger’s tenure as Chief Executive Officer and highlights her role in major corporate communications initiatives since joining Disney in 2022. Disney plans to announce her successor at a later date.

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Chang Amy reported open-market purchase transactions in a Form 4 filing for DIS. The filing lists transactions totaling 916 shares at a weighted average price of $107.85 per share. Following the reported transactions, holdings were 14,720 shares.

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The Walt Disney Company entered into an underwriting agreement with Citigroup Global Markets and J.P. Morgan Securities to offer multiple series of senior notes. The company plans to issue $500,000,000 of Floating Rate Notes due 2029, $1,000,000,000 of 3.750% Notes due 2029, $1,500,000,000 of 4.000% Notes due 2031 and $1,000,000,000 of 4.625% Notes due 2036.

The notes will be issued under a 2019 indenture with Citibank, N.A. as trustee and are guaranteed by TWDC Enterprises 18 Corp. They are registered on an existing shelf registration statement, and related underwriting, officer certificates, note forms and legal opinions are filed as exhibits.

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The Walt Disney Company is issuing $4.0 billion of senior unsecured notes in four tranches: $500 million floating-rate notes due 2029, $1.0 billion 3.750% notes due 2029, $1.5 billion 4.000% notes due 2031 and $1.0 billion 4.625% notes due 2036, all guaranteed by TWDC Enterprises 18 Corp.

The floating-rate notes pay Compounded SOFR plus 0.47% with quarterly payments, while the fixed-rate notes pay semi-annually. Disney expects net proceeds of about $3,972,755,000 after underwriting discounts and plans to use the funds for general corporate purposes.

The notes rank equally with Disney’s other unsecured, unsubordinated debt but are structurally subordinated to obligations at most subsidiaries. The fixed-rate notes are redeemable at Disney’s option, while the floating-rate notes are not. Investors face interest-rate, liquidity and SOFR benchmark transition risks highlighted in the risk factors.

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The Walt Disney Company is offering new senior unsecured notes in a primary debt offering, including both floating rate and fixed rate tranches. The floating rate notes will pay interest based on Compounded SOFR plus a spread, with interest paid quarterly, and will not be redeemable at Disney’s option.

The fixed rate notes will pay a stated annual coupon with semi-annual interest and may be redeemed early at Disney’s option at a make-whole price tied to a U.S. Treasury rate. All notes are senior unsecured obligations of Disney and are fully and unconditionally guaranteed on a senior unsecured basis by its 100%-owned subsidiary TWDC Enterprises 18 Corp.

The notes rank equally with Disney’s other unsecured, unsubordinated debt and are structurally subordinated to liabilities at non-guarantor subsidiaries. Disney expects to receive net proceeds, after underwriting discounts, and intends to use them for general corporate purposes.

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The Walt Disney Company is reshaping its leadership, appointing Josh D’Amaro as Chief Executive Officer effective March 18, 2026, while Robert A. Iger becomes Senior Advisor to the Board through December 31, 2026. The Board expects to elect D’Amaro as a director after the 2026 annual meeting.

D’Amaro’s package includes a $2,500,000 base salary, a target annual bonus equal to 250% of salary, and target long‑term incentives of $26,250,000 per year plus a recommended one‑time award of $9,705,000. He is also eligible under the Disney Executive Severance Pay Plan.

Dana Walden becomes President and Chief Creative Officer under a contract running to March 17, 2030, with a $3,750,000 base salary, a 200% target bonus and annual long‑term incentives of $15,750,000 plus a recommended one‑time award of $5,260,000. Disney also approved an Executive Severance Pay Plan providing defined cash, bonus and equity treatment for eligible executives after certain involuntary terminations.

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The Walt Disney Company reported modestly higher revenue but lower profit for the quarter ended December 27, 2025. Total revenue rose 5% to $25.98 billion, driven by growth in Experiences, stronger content sales, and the consolidation of Fubo.

Net income attributable to Disney fell to $2.40 billion from $2.55 billion, and diluted EPS declined to $1.34 from $1.40, mainly due to weaker Entertainment operating income and a higher effective tax rate, including a non‑cash tax charge from the Fubo transaction.

The Experiences segment delivered 6% revenue growth to $10.01 billion and a 6% increase in operating income to $3.31 billion, supported by higher theme park admissions, cruise capacity, and guest spending. Entertainment revenue grew 7% to $11.61 billion, but operating income dropped 35% to $1.10 billion as programming, production, and marketing costs outpaced gains in subscription, affiliate, and theatrical revenue.

Sports revenue edged up 1% to $4.91 billion, with higher advertising largely offset by lower subscription and affiliate fees and rising rights costs, reducing operating income to $191 million. Disney also highlighted strategic moves, including consolidating Fubo, a virtual pay‑TV distributor, and a separate $3 billion NFL media assets transaction at ESPN, while continuing dividends and share repurchases, including $2.0 billion of buybacks in the quarter.

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The Walt Disney Company filed a current report to note that it released a press release covering its financial results for the quarter ended December 27, 2025. The press release, dated February 2, 2026, is furnished as Exhibit 99.1.

Disney also highlights its Investor Relations website, www.disney.com/investors, as a key channel for sharing material company information in line with Regulation FD, encouraging investors and media to review updates posted there.

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FAQ

What is the current stock price of Walt Disney (DIS)?

The current stock price of Walt Disney (DIS) is $105.05 as of February 25, 2026.

What is the market cap of Walt Disney (DIS)?

The market cap of Walt Disney (DIS) is approximately 187.9B.

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